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Steele creates exploratory committee for possible Maryland gubernatorial bid 07/23/2021 05:12am • Michael S. Steele, the former Maryland lieutenant governor and one-time chairman of the Republican National Committee, has created an exploratory committee ahead of a possible run for governor in 2022. Jim Dornan, a veteran national Republican strategist who was campaign manager for Ellen R. Saue What Is an Investment Policy Statement and Why Create One? 07/23/2021 12:00am • Financial advisors who work with high-net-worth individuals, family offices and institutions can enhance their services to clients with the help of an investment policy statement. This formal document is not a legal agreement, but it is an essential tool that details how clients' money will be mana 9 Undervalued Stocks to Buy 07/22/2021 12:00am • Morningstar analysts recommend these undervalued stocks. If markets were truly efficient, Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO Warren Buffett has mused, he'd be out of a job. Far from perfectly efficient, markets often seem to forget undervalued companies, which can boast historically stabl Q&A: Using Multifactor ETFs in Client Portfolios 07/21/2021 12:00am • Passive investing has soared in popularity in recent years, but there's another investing concept that financial advisors should keep in their toolbox: multifactor exchange-traded funds. Multifactor ETFs aim to position their holdings to take advantage of the attributes -- or "factors" -- best posi Work-From-Home Jobs for Retirees 07/21/2021 12:00am • There are several different jobs for retirees that can be carried out from the comfort of your own home. Many work-at-home jobs for retirees come with flexible hours and provide the chance to earn a little extra cash each month. If you no longer want to head to the office every day, but need to pick Best Gig Economy Jobs 07/21/2021 12:00am • Gig jobs can go by many names -- freelancing, side hustles, temp jobs or contract work -- but they all operate under the same basic principle. Workers move from one assignment to the next, selecting the jobs they want and working under conditions they choose. "The gig economy gives you ultimate flex DC lawmakers vote to raise taxes on wealthiest residents 07/20/2021 04:47pm • D.C.'s wealthiest residents are likely to soon pay more in taxes, funding what lawmakers consider to be necessary programs that invest in early childhood education and housing to stabilize the workforce. In a vote of 8-5, the D.C. Council approved the Homes and Hearts Amendment Act, thereby inclu 6 Best Vanguard Funds to Buy and Hold 07/20/2021 12:00am • Consider these Vanguard funds for the long haul.Vanguard, a retirement provider that offers low-cost mutual funds and exchange-traded funds, has many diversified equity and bond options. "Mutual funds and ETF funds allow individual investors to gain broad market access with a minimal investment," sa What Is Securities-Based Lending? 07/20/2021 12:00am • Securities-based lending is the practice of lending money to investors who use their securities, such as stocks, exchange-traded funds and others, as collateral for the loan. Getting a securities-backed loan can be a good way to get some liquidity when you need it without selling a portion of your Understanding a Balance Sheet: Assets, Liabilities and Equity 07/20/2021 12:00am • If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework. Taken together with the income statement and cash flow statement, the balance sheet provides investors What Is a Testamentary Trust and How Do I Create One? 07/19/2021 12:00am • If you are drawing up your will and want to leave money to a minor child, using a testamentary trust is one way to do so. This legal document can also be beneficial in other situations, such as if you want to leave an inheritance to someone but aren't sure they will use the gift wisely. Keep readin What Is a Joint Brokerage Account and Should You Have One? 07/19/2021 12:00am • Sharing is caring, as they say, and it can even be fun -- but sharing your finances with just anyone isn't always wise. There may come a time in your life when you want to combine finances with another person, be it a spouse, business partner, friend or child. People often have joint credit card acc 8 Best Bond Funds for Retirement 07/16/2021 12:00am • Bond funds offer diversification to stocks.With interest rates at historically low levels, bonds don't produce the yield they once did for retirees. However, many investment advisors still see the need to hold bond funds for retirement in portfolios. Don Bennyhoff, director of investor education at Why Africa Is a Major Player in Entrepreneurship 07/16/2021 12:00am • Ahunna Eziakonwa has a ready-made answer when asked about digital innovation's potential to solve real-world problems across Africa. The U.N. assistant secretary-general and director of the U.N. Development Program points to M-Pesa, a Kenya-based mobile currency company that predates Venmo and allo What is the Maximum Price I Can Afford for a House? 07/16/2021 12:00am • Imagine you find your dream home: It has a pool, a second-floor terrace and a home office that gets just the right amount of natural sunlight. But it's at the top of your price range, and even if you offer as much as you possibly can, it's likely that you'll get outbid by another buyer. That can be